Ashton Thomas Securities LLC Acquires New Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Ashton Thomas Securities LLC acquired a new stake in Taiwan Semiconductor Manufacturing Company, purchasing 1,915 shares valued at approximately $434,000.
• The company recently reported quarterly earnings, surpassing expectations with an EPS of $2.47 and revenue of $30.07 billion, a 44.4% year-over-year increase.
• Taiwan Semiconductor announced an increase in its quarterly dividend to $0.8348, representing a 1.1% dividend yield, and will be paid on January 8th to investors on record by December 11th.

Ashton Thomas Securities LLC bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,915 shares of the semiconductor company's stock, valued at approximately $434,000.

Several other hedge funds also recently modified their holdings of TSM. Brighton Jones LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after buying an additional 1,892 shares during the period. Matrix Trust Co lifted its stake in shares of Taiwan Semiconductor Manufacturing by 53.0% during the 1st quarter. Matrix Trust Co now owns 1,314 shares of the semiconductor company's stock worth $218,000 after purchasing an additional 455 shares during the period. Fermata Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $283,000. Lmcg Investments LLC increased its stake in Taiwan Semiconductor Manufacturing by 2.7% in the first quarter. Lmcg Investments LLC now owns 3,306 shares of the semiconductor company's stock valued at $549,000 after purchasing an additional 88 shares during the last quarter. Finally, Diligent Investors LLC lifted its position in Taiwan Semiconductor Manufacturing by 12.1% during the first quarter. Diligent Investors LLC now owns 1,497 shares of the semiconductor company's stock worth $249,000 after buying an additional 162 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $292.42 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $296.72. The company has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.37 and a beta of 1.28. The business has a 50-day moving average of $250.34 and a 200-day moving average of $213.03.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.99%.

Analysts Set New Price Targets

Several analysts have commented on TSM shares. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Saturday, September 27th. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Finally, Susquehanna boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $286.67.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

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